Deepfakes

In a blog post published yesterday (January 7), Reuters reported that the UK government is cracking down and making it a criminal offense to create and share indecent "deepfakes" images. The move will fill a gap in existing legislation and better protect victims. Note: Deepfakes use artificial intelligence to create realistic videos, images or audio that can be altered to look like anyone's likeness. Data from the UK's Revenge Porn Helpline shows that image abuse based on deepfakes has increased by more than 400% since 2017. ...

As one of the fastest growing forms of adversarial AI, losses related to deepfakes are expected to soar from $12.3 billion in 2023 to $40 billion in 2027, a staggering 32% compound annual growth rate. Deloitte expects deepfakes to surge in the coming years, with banking and financial services being the main targets. Deepfakes are at the forefront of adversarial AI attacks, growing by 3000% last year alone. Deepfakes incidents are expected to increase by 50% to 60% by 2024, with 100 million incidents this year …